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Financial District Submarket — New York City

Financial District submarket of New York City: 20 tracked properties, 8,847,200 SF of inventory and 951,400 SF available.

20Listings
951,400 SFAvailable space
8,847,200 SFTotal inventory
$84.25/SFAvg asking rent
39,800 SFMedian suite
Union TowerNew York, NY · Office · Class A301,700 SF$91.04 – $110.84/SF/yr FS
Pecos PlaceNew York, NY · Office · Class C173,000 SF available$70.60 – $85.95/SF/yr FS
Trinity PointNew York, NY · Office · Class B8,100 SF available$78.51 – $95.58/SF/yr FS
1301 Eighth AveNew York, NY · Office · Class A175,700 SF available$81.96 – $99.77/SF/yr FS
1000 Eighth AveNew York, NY · Office · Class B10,300 SF available$76.01 – $92.54/SF/yr FS
Brazos TowerNew York, NY · Office · Class B275,600 SF available$81.13 – $98.77/SF/yr FS
Concord BuildingNew York, NY · Hospitality · Class A6,200 SF availableRate on request
19 W 52nd StNew York, NY · Office · Class A30,100 SF available$86.32 – $105.09/SF/yr FS
Republic ExchangeNew York, NY · Office · Class B243,500 SF$75.68 – $92.13/SF/yr FS
397 Wall StNew York, NY · Retail · Class C8,100 SF$33.44 – $40.71/SF/yr NNN
160 BroadwayNew York, NY · Office · Class B135,800 SF$78.19 – $95.19/SF/yr FS
Pioneer PointNew York, NY · Office · Class A1,319,100 SF$78.93 – $96.09/SF/yr FS
1496 Varick StNew York, NY · Office · Class B90,900 SF available$76.97 – $93.70/SF/yr FS
387 Third AveNew York, NY · Office · Class A44,500 SF available$84.29 – $102.61/SF/yr FS
Midtown LandingNew York, NY · Office · Class B7,900 SF available$80.25 – $97.70/SF/yr FS
466 W 34th StNew York, NY · Office · Class B34,700 SF available$75.04 – $91.35/SF/yr FS

20 commercial properties are tracked in the Financial District submarket, representing 8,847,200 SF of rentable building area, of which 951,400 SF is currently marketed as available.

Asking rents average $84.25 per square foot per year, the median marketed suite is 39,800 SF, and listings have been on market a median of 373 days.

The stock splits 8 Class A, 8 Class B, 4 Class C, with construction dates from 1909 to 2024 (median 1954).

Other New York City submarkets

ChelseaColumbus CircleFlatiron / Union SquareGramercyGrand CentralHudson YardsMurray HillPenn Plaza / GarmentPlaza DistrictTimes SquareTribeca / SoHoUpper East SideUpper West Side

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Frequently asked questions

What is the average asking rent for commercial space in Financial District, NY?

Across the 20 commercial listings published in Financial District, NY, asking rents average $84.25 per square foot per year, quoted on a FS basis.

How much commercial space is available in Financial District, NY?

951,400 SF is currently marketed across 14 buildings, out of 8,847,200 SF of total inventory.

What is the commercial vacancy rate in the New York City market?

The New York City commercial market is running 21.1% vacancy with year-over-year asking rent growth of 4.9%.

Which submarkets have the most commercial space in Financial District, NY?

Financial District (20 properties).

What cap rates are commercial assets trading at in Financial District, NY?

Listed commercial assets in Financial District, NY show an average asking cap rate of 5.92%. Closed sale comparables are available in RealStar's Sales module.

Which brokerages are most active in Financial District, NY?

Northgate Commercial (5 listings), Summit Advisory Group (2 listings), Atlas Property Group (2 listings), Capitol Commercial (1 listing), Republic Partners (1 listing). See the full Financial District, NY broker directory.

How do I list a commercial property in Financial District, NY?

Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.